Greencoat Buys Two U.K. Wind Farms for 96 Million Pounds

June 25 (Bloomberg) -- Greencoat U.K. Wind Plc, a fund that
raised 260 million pounds ($442 million) through an initial
share sale in London last year, agreed to buy two wind farms for
96.2 million pounds.

Greencoat will buy an 18.4-megawatt project in
Aberdeenshire in Scotland from a unit of BayWa AG for 43.3
million pounds, it said in an e-mailed statement today. It will
buy a second, 24-megawatt project in Wales from Velocita Energy
Developments Ltd. Both started working last year and the
acquisitions are due to be complete on June 30.